MELROSE, Minn.–Two Minnesota credit unions are merging. Members of Soo Line Credit Union have voted in favor of combining with Central Minnesota Credit Union.
Prior to the membership vote the board had already voted unanimously in favor of the deal, according to a statement on SLCU’s website.
The $41-million Soo Line CU has approximately 5,500 members. The $1.1-billion Central Minnesota has approximately 63,000 members.